North American Climate Exchange - Legal Counsel

Fraser Milner Casgrain LLP

Fraser Milner Casgrain LLP (FMC) is a leading, full service Canadian law firm of over 500 lawyers skilled in virtually every aspect of business law. FMC serves clients in the energy, cleantech, business, natural resources, financial, new technology and real estate sectors in Canada. With offices across Canada, FMC has exposure to all major emissions trading and cleantech markets in Canada. FMC's leading Climate Change, Cleantech & Emissions Trading Group and position as one of Canada's top securities law firms makes it an excellent fit for the NACX. FMC has been responsible for the development of NACX's Transaction Services Agreement and Terms for Bilateral Agreements to trade ECU's.

 

About NACX

The NACX was originally founded as a Calgary based exchange for trading Alberta Offsets. With the growth in environmental regulation and compliance instruments, the NACX expects to facilitate spot market trading of other environmental compliance units (ECUs)  such as renewable energy certificates (RECs), renewable fuel compliance units and Quebec and other WCI offsets and allowances. The NACX is operated and managed by individuals with significant expertise and experience in emissions and ECU trading. The NACX recognized that spot market trading of ECU's required a streamlined process for discovering price and effecting trades in order to meet the objectives of all participants in the market.